The BOJ is expected to begin its monetary policy meeting on the 17th and raise interest rates by 0.25% after the press conference on the 18th. The move is considered priced in, and some expect its impact on share prices to be limited.
The BOJ is holding its monetary policy meeting from the 17th, and Governor Ueda Kazuo (植田和男) is scheduled to hold a press conference on the 18th after the meeting. A further 0.25% rate hike is expected just 3 months after the previous increase.
As for the market reaction, some analysts say the hike is already priced in with a high degree of certainty. There is a view that share prices are unlikely to be significantly unsettled unless Governor Ueda Kazuo (植田和男) adopts an excessively hawkish stance.
Experts have also said that comments by the US Treasury Secretary have created a situation in which Japan's independent judgment is being emphasized. The focus is expected to be on how strongly Japan can present this rate hike as its own decision.